Nigerian energy mogul Adebowale Olujimi’s Emadeb E&P hits first oil

Billionaires Africa | 18.11.2025 16:29
Emadeb Petroleum Exploration & Production Company Limited (Emadeb E&P), led by Nigerian energy mogul Adebowale Olujimi, has reached first oil at the Ibom Field (PPL 236), marking a key moment for Nigeria’s upstream oil sector. In a statement, the company said the achievement underscores its role as a fully integrated energy operator and highlights the growing impact of indigenous companies on Nigeria’s energy security and economic development.